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Last $85.18 USD
Change Today +0.01 / 0.01%
Volume 7.0M
DRC On Other Exchanges
Symbol
Exchange
New York
Munich
As of 7:34 PM 06/30/15 All times are local (Market data is delayed by at least 15 minutes).

dresser-rand group inc (DRC) Snapshot

Open
$85.18
Previous Close
$85.17
Day High
$85.20
Day Low
$85.16
52 Week High
06/30/15 - $85.20
52 Week Low
08/5/14 - $56.79
Market Cap
6.6B
Average Volume 10 Days
1.5M
EPS TTM
$1.62
Shares Outstanding
76.9M
EX-Date
--
P/E TM
52.6x
Dividend
--
Dividend Yield
--
Current Stock Chart for DRESSER-RAND GROUP INC (DRC)

dresser-rand group inc (DRC) Related Businessweek News

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dresser-rand group inc (DRC) Details

Dresser-Rand Group Inc., together with its subsidiaries, designs, manufactures, sells, and services rotating equipment solutions to the oil, gas, chemical, petrochemical, process, power generation, military, and other industries worldwide. It operates in two segments: New Units, and Aftermarket Parts and Services. The New Units segment provides engineering, manufacturing, project management, packaging, testing, sales, and administrative support services for centrifugal and reciprocating compression equipment and steam turbines; power turbines; special-purpose gas turbines; power recovery expanders; diesel, gas, and dual fuel engines; trip, trip throttle, and non-return valves; and magnetic bearings and control systems. The Aftermarket Parts and Services segment offers engineering, manufacturing, project management, installation, commissioning, start-up and other field, repair, overhaul, refurbishment, sales, and administrative support services for replacement parts, field service turnaround, service and repair, operation and maintenance contracts, rotor/spare parts storage, condition monitoring, controls retrofit, site/reliability audits, remote area energy solutions, equipment repair and rerates, equipment installation, applied technology, long-term service agreements, special coatings/welding, product training, turnkey installation/project management, and energy asset management services. The company markets its products and services through its sales representatives comprising direct sales/service personnel and a network of independent representatives and distributors. Dresser-Rand Group Inc. was founded in 2004 and is headquartered in Houston, Texas.

7,900 Employees
Last Reported Date: 02/27/15
Founded in 2004

dresser-rand group inc (DRC) Top Compensated Officers

Chief Executive Officer, President and Execut...
Total Annual Compensation: $940.0K
Chief Financial Officer and Executive Vice Pr...
Total Annual Compensation: $432.0K
Executive Vice President of Global Operations
Total Annual Compensation: $425.1K
Vice President, General Counsel and Secretary
Total Annual Compensation: $435.5K
Executive Vice President of Global Solutions
Total Annual Compensation: $383.6K
Compensation as of Fiscal Year 2014.

dresser-rand group inc (DRC) Key Developments

Dresser-Rand Group, Inc. Launches New Gimpel Electro Hydraulic Trip Throttle Valve

Dresser-Rand Group Inc. has launched its new Gimpel electro hydraulic trip throttle valve, or EHTTV. Designed to prevent the catastrophic failure of steam turbines, the EHTTV stops the flow of steam to the turbine in less than 0.3 seconds, a closing force that is 4-10 times faster than typical latch-type valves. Additionally, the back seated stem design prevents steam loss when the valve is in the fully open position. EHTTVs operate independently of the installed turbine oil system and only require electrical power to operate. They can be locally or remotely actuated and exercised. The EHTTV maintains a five-year overhaul cycle with no lubricating requirement and comply with API-612 standards. They can also be used to improve efficiency and ultimately the bottom line by saving up to 100-250 lbs. of steam per hour. The valve underwent extensive testing this month at Dresser-Rand's facility in Burlington, Iowa and performed as expected under designed conditions. EHTTVs were developed for steam turbines in a wide range of industries, including power, ethylene, ammonia, pulp and paper, petrochemical, steel, medical, education, and refinery.

Dresser-Rand Group Inc. Presents at Credit Suisse 23rd Annual Offshore Technology Conference Tour, May-04-2015 06:00 PM

Dresser-Rand Group Inc. Presents at Credit Suisse 23rd Annual Offshore Technology Conference Tour, May-04-2015 06:00 PM. Venue: The Four Seasons Houston, 1300 Lamar Street, Houston, TX 77010, United States. Speakers: Joseph C. Winkler, Director, Member of Compensation Committee and Member of Nominating & Governance Committee, Louis A. Raspino, Independent Director, Chairman of Compensation Committee and Member of Audit Committee.

Dresser-Rand Cuts About 650 Jobs

Dresser-Rand is currently cutting about 650 jobs during the ongoing oil slump.

 

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Industry Analysis

DRC

Industry Average

Valuation DRC Industry Range
Price/Earnings 79.7x
Price/Sales 2.5x
Price/Book 5.5x
Price/Cash Flow 79.5x
TEV/Sales 2.1x
 | 

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